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Bay Leasing, CRAB sign credit rating agreement

Friday, 22 June 2007


FE Report
Bay Leasing and Investment Limited (BLIL) and Credit Rating Agency of Bangladesh (CRAB) Limited recently signed an agreement for credit rating of the company.
CRAB Managing Director and Economic Adviser to its board Masihur Rahman and BLIL Managing Director Mahbubur Rashid signed the agreement on behalf of their respective organisations. BLIL Senior Assistant Vice President and Company Secretary Musfiqur Rahman and CRAB Financial Analyst Razib Ahmed were present along with other senior executives of both the organisations in the signing ceremony.
Under the agreement, CRAB, a leading credit rating agency of the country, would undertake the rating assignment of the BLIL.